Maravich's Hall of Fame ring brings $89,000 to Grey Flannel Auctions

'Pistol' Pete Maravich's Hall of Fame induction ring led a collection of career memorabilia

A collection of career memorabilia consigned by the family of legendary basketball star "Pistol" Pete Maravich has sold at Grey Flannel Auctions, led by his Hall of Fame induction ring.

When Maravich was inducted into the Hall of Fame, he was described as 'perhaps the greatest creative offensive talent in history'

The collection was presented as part of the auction house's 2013 Summer Games auction, which was held online and closed on June 5. The ring saw the highest bids of the sale, selling for $88,826.

Pete Maravich played much of his short-lived career for the Utah Jazz (then based in New Orleans) between 1974 and 1980. A natural showman, he is described by the Basketball Hall of Fame as "perhaps the greatest creative offensive talent in history".

Maravich's career was cut short due to long-standing knee injuries that forced his retirement. He became a recluse in the following years, claiming that he was searching "for life". He died in 1988 of heart failure while playing a game of basketball in a local church.

The jersey was personally taken out of circulation by the general manager of the Burlington City Giants

Coming in second was Mel Ott's 1947 road jersey that he wore as player/manager for the New York Giants.

Ott was a six-timeNational Leaguehome run leader. He alsoled the New York Giants in home runs between 1928-1945, an 18-season consecutive record that has yet to be broken in the major leagues. Ott served as player/manager of the team from 1942 until his retirement in 1947.

The shirt sold for $77,820, consigned by the son of the general manager of the Burlington City Giants, a minor league affiliate of the New York Giants.

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